18 Best Solar Companies in Concord, NY (Sep 2022 Review)

The Cost and Benefits of Solar in Concord

Solar panels run off a free energy source — the sun — but before you can take advantage of this you will need to pay to install your panels. A few important factors that determine the cost of installing solar panels on your home and how much money you could save over time include:

• Your current energy bills: Solar panels can significantly decrease, or completely get rid of, your utility bills. In Concord, you can save an average of $51 a month.
• Average daily sunlight: Since Concord doesn't get a lot of average daily sunlight, your solar system may not be able to produce enough energy to power your whole home, which impacts how much your solar panels can save you on your electricity bills.
• Incentives: One thing that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save money on your energy bills, which can generate an average of $13,000 of savings over 20 years.
• Choice of solar panels: The kind of solar panels you buy will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.

So is installing solar panels worth it? Whether you'd like to lower your energy bills, carbon emissions or both, solar panels are a great investment for many Concord homeowners.

Solar Incentives in Concord

One of the great things about installing a solar panel system is receiving incentives from the government. State and city solar incentive programs depend on the location and, sometimes, utility company. A lot of states offer rebates for home solar power systems, in addition to the federal solar tax credit. The table below lets you know about the incentives you can find in Concord.

Environmental Impact of Switching to Solar in Concord

If you're planning on adding solar panels to your home, one of the principal reasons why may be to lower your carbon footprint. A question many people might have in mind is how much can they really help protect the environment by going solar anyway? Something that can severely influence your carbon footprint is your commute time and how much you drive in general. If you switch to solar power and drive an electric car, you can greatly lower your carbon dioxide emissions by charging your car at home. In fact, if you make the switch to solar power, you could reduce your carbon dioxide emissions by about 20 pounds each year. If you want to do your part for the environment, you'll no doubt recognize that there are many benefits of adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is worth more.